Apple’s partner Foxconn is partnering with Fisker to produce electric vehicles by 2023

Electric vehicle maker Fisker will join forces with Foxconn, Apple’s leading iPhone maker, to produce more than 250,000 electric vehicles annually, starting in 2023.

The agreement was called “Project PEAR”, short for Personal Electric Automotive Revolution, and is aimed at the markets of North America, Europe, China and India.

In addition to working with Fisker, Foxconn has also partnered with Chinese electric vehicle startup Byton. Foxconn expects to supply parts for 10% of the world’s electric vehicles by 2025-2027.

In response to the news, Fisker’s stock was up 23.4% to $ 20.10 in pre-market trading, second Reuters.

So far, Foxconn hasn’t been explicitly mentioned in any rumors …

Read more from source
Copyright @ appleinsider.com

News Highlights

  • According to this source Apple’s partner Foxconn is partnering with Fisker to produce electric vehicles by 2023
  • Check the more updates related to Apple Tips and Apple news now.

I hope you love this news please Share your love by following us on Facebook and Twitter for the latest apple news informationon and updates like Apple’s partner Foxconn is partnering with Fisker to produce electric vehicles by 2023

from our channels.

We will be happy to hear your thoughts

      Leave a Reply

      AppleiPhonestop - Apple iPhone News and Rumours All Day
      Logo
      Enable registration in settings - general
      Compare items
      • Laptops (0)
      Compare
      0